Effects of climate change on the consumer

Interestingly the New Daily, which is also owned by the Industry Super Australia has published the following. Climate Change affects people in mysterious ways! :upside_down_face:

Nuclear energy ‘not the answer’ to Australia’s power price hikes

with Dr Switkowski saying last year “the window for gigawatt-scale nuclear has closed” and that nuclear power is no longer cheaper than renewables, with costs rapidly shifting in favour of renewables.

Also a link from which the ISA report the subject of the prior discussion can be found. It is a downloadable PDF. For general interest plus, 107 pages.

https://www.industrysuper.com/media/modernising-electricity-sectors/

Titled: Modernising Electricity Sectors, A guide to long-run investment decisions. Discussion Paper - June 2019. (nothing overtly Nuclear in the title)

P.S. (new content added)
Having one quick read of the report it might need another 100 pages to critique it!
A one line assessment suggests it is all too easy for reporters to grab a ‘sound bite’ and present it without context. It is worse when comparison as written in the report serves only to present an unrealistic possibility. The report in full suggests so! (Sorry three lines.)

As a more general note Industry Super Australia has 15 members, with Australian Super one such member. Their opening web page
https://www.australiansuper.com/sociallyawareinvesting?gclid=EAIaIQobChMIh9yL-uCK4wIVjjgrCh1gIgVrEAAYASAAEgIo_PD_BwE&gclsrc=aw.ds

If as a member of ISA Australian Super wanted a discussion paper - they certainly know how to get the attention of a wider audience. I’d call this starting on the back foot!